The newly acquired site spans 44,356 square meters in Huangpu, the central district of Shanghai that houses major attractions such as the Bund and the East Nanjing Road shopping area.
(Bloomberg) Grab Holdings Ltd., an RHB Bank Bhd. consortium and a group involving Sea Ltd. were granted licenses to run digital banks in Malaysia, providing the firms with a way to tap into the booming e-commerce market.
AEON Financial Service Co.
AFTER more than 15 years as RHB Bank Bhd chairman, Tan Sri Azlan Zainol will be retiring from the country’s fourth-largest lender by assets at the end of this month, according to several sources familiar with the matter.
Azlan, a former CEO of the Employees Provident Fund (EPF), will join Malaysia Building Society Bhd as its new chairman, the sources say. MBSB had recently said in a stock exchange filing that it would announce a new chairman on March 1. Its previous chairman, Tan Sri Abdul Halim Ali, 77, retired on Feb 6.
Market speculation is that Datuk Mohamad Nasir Ab Latif will be the one to succeed Azlan as chairman of RHB Bank. Mohamad Nasir, former deputy CEO of the investment division at EPF, has been a non-independent non-executive director at RHB Bank since last March. He retired from EPF in December 2019 and is chairman of RHB Islamic Bank Bhd.